Koan Health to Provide Accountable Care Analytics to Atrium Health

DALLAS–(BUSINESS WIRE)–Atrium
Health (formerly Carolinas HealthCare System) has selected Koan
Health, a leading healthcare analytics and consulting firm, to
provide population health analytic services to deliver higher-quality,
affordable care. Atrium Health serves patients at over 40 hospitals and
at more than 900 care locations throughout North and South Carolina.

Atrium Health will utilize Datalyst|Cost, Koan’s proprietary analytic
platform for population health focused on managing cost and utilization,
along with consulting services. This will help Atrium Health to gain
insight into clinical and financial performance that is instrumental in
providing patient-centered care and meeting the needs of our communities.

“Atrium Health is focused on quality and affordability while ensuring
our patients and communities receive the right care, when they need it
most,” said Ruth Krystopolski, senior vice president of population
health at Atrium Health. “With the addition of these capabilities to our
population health toolkit, we will work to develop better coordinated
care that helps our patients live healthier, more productive lives.”

“Atrium Health is a prime example of an innovator that is committed to
delivering the best care while lowering costs,” said Jeff Hayes, Koan
Health co-founder and EVP. “To accomplish this, Atrium Health will
leverage our enterprise-level tool set that provides actionable
analytics and consolidated reporting across all types of value-based
arrangements, including all major commercial and government ACO risk
models.” Hayes added, “We are thrilled and honored to add Atrium Health
to our expanding list of successful and satisfied ACO customers.”

Value-based arrangements are part of an ongoing revolution in healthcare
delivery and financing. Government and private payers seek to improve
quality while controlling costs by reimbursing providers based on
clinical and financial results, rather than based on the number of
services delivered.

DT Nguyen, chairman and CEO for Koan Health, commented that Koan’s
platform is especially well-suited for value-based care. “With
heightened cost awareness and the need for better reporting of quality
measures, the deep links we create between clinical and financial
performance with our predictive analytics are especially useful in
value-based care,” said Nguyen. “This will ultimately result in
healthier populations and long-term value to patients.” Nguyen is former
president of MedAssets (now nThrive) where he led Best in KLAS claims
and contract management systems for five consecutive years.

About Atrium Health

Atrium Health, previously Carolinas HealthCare System, one of the
nation’s leading and most innovative healthcare organizations, provides
a full spectrum of healthcare and wellness programs throughout the
Southeast region. Its diverse network of care locations includes
academic medical centers, hospitals, freestanding emergency departments,
physician practices, surgical and rehabilitation centers, home health
agencies, nursing homes and behavioral health centers, as well as
hospice and palliative care services. Atrium Health works to enhance the
overall health and well-being of its communities through high-quality
patient care, education and research programs, and numerous
collaborative partnerships and initiatives.

About Koan Health

Koan Health is a healthcare analytics and consulting firm that helps
healthcare organizations improve performance in value-based
relationships. With Koan’s sophisticated predictive analytics,
accountable providers and payers understand their networks, provider
performance and costs—and target powerful interventions to improve
clinical and financial results. The company’s proprietary platform can
array and analyze millions of data points instantly to forecast the use
of healthcare services to improve performance in population health and
specific episodes of care. In addition to population health analytics,
Koan helps organizations improve performance through care management and
plan administration solutions. For more information visit www.koanhealth.com.